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Non-bank lending in the EU is becoming an ever more significant source of financing for business. In light of its increasing importance, policymakers are considering whether the existing regulatory framework remains appropriate. Non-bank lending in the EU is becoming an ever more significant source

In July 2010, the State Administration of Foreign Exchanges (SAFE) promulgated detailed rules that streamlined the regulatory approval process for provision of foreign security (including both guarantees and asset security) by PRC [1] entities (the 2 In July 2010, the State Administration of